South Africa Healthcare Business Intelligence Market Size & Outlook
South Africa healthcare business intelligence market, 2014-2030 (US$M)
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South Africa healthcare business intelligence market highlights
- The South Africa healthcare business intelligence market generated a revenue of USD 36.3 million in 2022 and is expected to reach USD 85.6 million by 2030.
- The South Africa market is expected to grow at a CAGR of 11.3% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product in 2022.
- Software is the most lucrative product segment registering the fastest growth during the forecast period.
Healthcare business intelligence market data book summary
| Market revenue in 2022 | USD 36.3 million |
| Market revenue in 2030 | USD 85.6 million |
| Growth rate | 11.3% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2014 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Microsoft Corp, Oracle Corp, SAP SE, Salesforce Inc, Perficient Inc, Infor, Domo Inc, Sisense, TIBCO, Panorama Software |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.5% of the global healthcare business intelligence market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia healthcare business intelligence market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 85.6 million by 2030.
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Healthcare Business Intelligence Market Scope
Healthcare Business Intelligence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa healthcare business intelligence market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthcare business intelligence market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 67.77% in 2022. Horizon Databook has segmented the South Africa healthcare business intelligence market based on software, services covering the revenue growth of each sub-segment from 2014 to 2030.
Increasing acceptance of data-driven projects and developments owing to considerable rise in demand for real-time analytics is fueling market growth in the country.
Furthermore, rise in incidence & prevalence for acute & chronic diseases, increase in the need for reducing healthcare expenses, growth in need for real-time information, need for providing quality care to patients for better outcomes, and usage of big data in operational, clinical, & financial sectors of a healthcare organization is further propelling demand for BI in healthcare.
Moreover, the ability to detect fraudulent behavior, which is not only promoting positive growth of BI but also reducing costs due to fake prescriptions & appointments without patient consent is a major factor aiding growth of the market.
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Target buyers of South Africa healthcare business intelligence market databook
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Our clientele includes a mix of healthcare business intelligence market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa healthcare business intelligence market, including forecasts for subscribers. This country databook contains high-level insights into South Africa healthcare business intelligence market from 2014 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa healthcare business intelligence market size, by product, 2014-2030 (US$M)
South Africa Healthcare Business Intelligence Market Share, 2022 & 2030 (US$M)
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